BofA approaching $7 billion of consumer relief in toxic #mortgage settlement

Bank of America is almost finished with providing $7 billion in consumer relief required as part of its $16.65 billion settlement with the U.S. Department of Justice, certain federal agencies and six states to resolve claims over toxic residential #mortgage-backed securities, collateralized debt obligations and an origination release on residential #mortgage loans sold to Fannie Mae and Freddie Mac. http://www.housingwire.com/articles/38668-bofa-approaching-7-billion-of-consumer-relief-in-toxic-mortgage-settlement ❤️ #share #mortgage

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